Corporate turnaround

5 ways to revolutionize your business

1. Cut overheads

Any entrepreneur who has been in business for a few years will agree that overheads want to “walk on two legs”. What this means is that the people in your business have a natural tendency to want to spend money on non-essential stuff and are especially interested in hiring more people to make them feel more important.

If you need to improve your business’ performance, you need to workout what costs can be cut by using a “zero based budgeting” technique. That means, ...

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